Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.59% |
| 2 | Consumer Discretionary | 6.81% |
| 3 | Healthcare | 6.77% |
| 4 | Financials | 5.21% |
| 5 | Industrials | 4.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2901
Tredegar Corp
TG
$268M
| $2.81M | ﹤0.01% |
+168,353
| New | +$2.83M |
|
2902
CALL
Trade Desk
TTD
$9.09B
| $2.8M | ﹤0.01% |
+35,000
| New | +$2.64M |
|
|
SGEN
2903
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $2.8M | ﹤0.01% |
+16,000
| New | +$2.98M |
|
2904
Hawaiian Electric Industries
HE
$2.2B
| $2.8M | ﹤0.01% |
79,054
+60,753
| +332% | +$2.15M |
|
2905
Eastman Chemical
EMN
$8.45B
| $2.8M | ﹤0.01% |
27,883
+16,186
| +138% | +$1.5M |
|
2906
MasterCraft Boat Holdings
MCFT
$608M
| $2.8M | ﹤0.01% |
+112,546
| New | +$2.51M |
|
|
VLDR
2907
DELISTED
Velodyne Lidar, Inc. Common Stock
VLDR
| $2.8M | ﹤0.01% |
122,533
-968,147
| -89% | -$16.5M |
|
2908
PUT
Otis Worldwide
OTIS
$28B
| $2.79M | ﹤0.01% |
+41,300
| New | +$2.68M |
|
|
HCARU
2909
DELISTED
Healthcare Services Acquisition Corporation Unit
HCARU
| $2.78M | ﹤0.01% |
+272,000
| New | +$2.79M |
|
2910
Arrow Electronics
ARW
$11.6B
| $2.78M | ﹤0.01% |
28,560
-25,699
| -47% | -$2.27M |
|
|
KW
2911
DELISTED
Kennedy-Wilson Holdings
KW
| $2.78M | ﹤0.01% |
155,351
-187,616
| -55% | -$2.94M |
|
|
PNNT
2912
Pennant Park Investment Corp
PNNT
$230M
| $2.78M | ﹤0.01% |
+602,407
| New | +$2.28M |
|
|
MODV
2913
DELISTED
ModivCare
MODV
| $2.78M | ﹤0.01% |
+20,023
| New | +$2.48M |
|
|
CTAC
2914
DELISTED
Cerberus Telecom Acquisition Corp.
CTAC
| $2.78M | ﹤0.01% |
+271,898
| New | +$2.76M |
|
2915
CALL
Dow Inc
DOW
$21.9B
| $2.77M | ﹤0.01% |
+50,000
| New | +$2.58M |
|
|
IACA
2916
CALL
DELISTED
ION Acquisition Corp 1 Ltd.
IACA
| $2.77M | ﹤0.01% |
+235,649
| New | +$2.55M |
|
|
ETNB
2917
DELISTED
89bio
ETNB
| $2.77M | ﹤0.01% |
113,699
-4,844
| -4% | -$124K |
|
2918
Titan International
TWI
$483M
| $2.77M | ﹤0.01% |
570,234
+508,000
| +816% | +$2.08M |
|
|
EPAY
2919
DELISTED
Bottomline Technologies Inc
EPAY
| $2.77M | ﹤0.01% |
52,521
-37,194
| -41% | -$1.69M |
|
2920
Spire
SR
$4.7B
| $2.77M | ﹤0.01% |
43,183
-4,039
| -9% | -$246K |
|
2921
CALL
Petrobras
PBR
$121B
| $2.76M | ﹤0.01% |
246,100
-42,600
| -15% | -$378K |
|
2922
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $2.76M | ﹤0.01% |
+53,352
| New | +$2.58M |
|
|
YELL
2923
DELISTED
Yellow Corporation Common Stock
YELL
| $2.75M | ﹤0.01% |
621,688
-59,951
| -9% | -$291K |
|
2924
Korn Ferry
KFY
$4.23B
| $2.75M | ﹤0.01% |
+63,284
| New | +$2.33M |
|
2925
Passage Bio
PASG
$14.9M
| $2.75M | ﹤0.01% |
5,379
+2,525
| +88% | +$1.01M |
|
Similar funds
Millennium Management's Q4 2020 Portfolio in Review
As of Q4 2020, Millennium Management held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Millennium Management's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Millennium Management's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Millennium Management fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Millennium Management's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Millennium Management opened 1,518 new positions and closed 754 in Q4 2020.
- Millennium Management's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.